Clifford Chance and Al-Jadaan & Partners Law Firm announced today the appointment of Anas Al Sheikh to the position of Counsel. Anas joins Al-Jadaan from the Kingdom of Saudi Arabia (KSA) Capital Markets Authority (CMA) where he held the senior position of Manager of Rules & Regulations & International Standards in the legal department. Anas spent more than eight years with the CMA where he managed a large team of regulatory lawyers.
Mohammed Al-Jadaan, Managing Partner of Al-Jadaan said: “We are delighted that Anas has decided to join our growing team. His specialist expertise in capital markets, particularly in connection with regulatory issues, will continue to enable us to deliver the best insights and highest quality advice to our clients.”
Anas’ practice will focus on the full range of corporate and capital markets matters with an emphasis on sukuks and Arabic related regulatory advice. He will work closely with Riyadh-based partners Tim Plews, Abdulaziz Al-Abduljabbar, Khalid Al-Abdulkareem, Omar Rashid and Paul Latto, who, along with all Al-Jadaan transactional associates, will transfer to Clifford Chance’s Saudi partnership from 1 January 2014. Earlier this year Clifford Chance announced that it has received approval from the Saudi Ministry of Commerce and Industry to set up a mixed Saudi and foreign lawyer partnership, making it the first international law firm to establish formally in this way in the Kingdom of Saudi Arabia.
Graham Lovett, Clifford Chance Regional Managing Partner for the Middle East said: “Anas’ formidable expertise in capital markets will further complement our transactional offering in the Kingdom of Saudi Arabia. It also demonstrates that we are focused on the development of Saudi legal talent.”
The Riyadh based transactional teams were recently bolstered with the hire of Jean-Francois Seguin and Royce Saheed, and the secondment of senior associate Daniel Royle from the London office of Clifford Chance.
Clifford Chance continues to be recognised for its cutting-edge work in the Middle-East with the Firm recently being named Middle East Law Firm of the Year by Chambers Global 2013 and IFLR Middle East International Law Firm of the Year 2012 (winning for the fifth time in six years). Al-Jadaan has won the IFLR Saudi Law Firm of the Year in each of the seven years it has been awarded. Both firms also shared the IFLR Debt and Equity Linked Deal of the Year award for the Saudi GACA sukuk and IFLR Equity Deal of the Year award for the Zain KSA rights issue.
Clifford Chance has in the past two years launched offices in Doha, Casablanca and Istanbul as it continues to serve clients across the Middle East and North Africa.
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